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Alexandria Real Estate Equities (Alexandria Real Estate Equities) PS Ratio

: 6.91 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Alexandria Real Estate Equities's share price is $119.685. Alexandria Real Estate Equities's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $17.33. Hence, Alexandria Real Estate Equities's PS Ratio for today is 6.91.

The historical rank and industry rank for Alexandria Real Estate Equities's PS Ratio or its related term are showing as below:

ARE' s PS Ratio Range Over the Past 10 Years
Min: 5.57   Med: 9.56   Max: 15.55
Current: 7.08

During the past 13 years, Alexandria Real Estate Equities's highest PS Ratio was 15.55. The lowest was 5.57. And the median was 9.56.

ARE's PS Ratio is ranked worse than
53.72% of 834 companies
in the REITs industry
Industry Median: 6.535 vs ARE: 7.08

Alexandria Real Estate Equities's Revenue per Sharefor the three months ended in Mar. 2024 was $4.47. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $17.33.

During the past 12 months, the average Revenue per Share Growth Rate of Alexandria Real Estate Equities was 5.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.20% per year. During the past 5 years, the average Revenue per Share Growth Rate was 5.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.70% per year.

During the past 13 years, Alexandria Real Estate Equities's highest 3-Year average Revenue per Share Growth Rate was 15.90% per year. The lowest was -8.00% per year. And the median was 6.80% per year.

Back to Basics: PS Ratio


Alexandria Real Estate Equities PS Ratio Historical Data

The historical data trend for Alexandria Real Estate Equities's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Alexandria Real Estate Equities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.87 11.96 15.55 9.10 7.51

Alexandria Real Estate Equities Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.73 6.92 6.08 7.51 -

Competitive Comparison

For the REIT - Office subindustry, Alexandria Real Estate Equities's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alexandria Real Estate Equities PS Ratio Distribution

For the REITs industry and Real Estate sector, Alexandria Real Estate Equities's PS Ratio distribution charts can be found below:

* The bar in red indicates where Alexandria Real Estate Equities's PS Ratio falls into.



Alexandria Real Estate Equities PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Alexandria Real Estate Equities's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=119.685/17.328
=6.91

Alexandria Real Estate Equities's Share Price of today is $119.685.
Alexandria Real Estate Equities's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.33.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Alexandria Real Estate Equities  (NYSE:ARE) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Alexandria Real Estate Equities PS Ratio Related Terms

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Alexandria Real Estate Equities (Alexandria Real Estate Equities) Business Description

Traded in Other Exchanges
Address
26 North Euclid Avenue, Pasadena, CA, USA, 91101
Alexandria Real Estate Equities Inc is an urban office real estate investment trust (REIT). It is engaged in the business of providing space for lease to life science, agtech, and technology tenants. The company has established a significant market presence in key locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle. Alexandria has a longstanding and proven track record of developing Class A properties clustered in urban life science, agtech, and technology campuses that provide tenants with highly dynamic and collaborative environments. Alexandria also provides strategic capital to transformative life science, agtech, and technology companies through venture capital platform.
Executives
James P Cain director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Kristina Fukuzaki-carlson officer: EVP - Business Operations C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Daniel J Ryan officer: EVP - San Diego C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Madeleine Thorp Alsbrook officer: EVP - Talent Management C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Joel S Marcus director, officer: Chief Executive Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
John H Cunningham officer: EVP - Regional Market Director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Hunter Kass officer: EVP - Regional Market Director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVE., PASADENA CA 91101
Orraparn C. Lee officer: EVP - Accounting C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Marc E Binda officer: EVP - Finance & Treasurer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Vincent Ciruzzi officer: Chief Development Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Dean A Shigenaga officer: Chief Financial Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Peter M Moglia officer: Chief Investment Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Maria C Freire director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Jackie B. Clem officer: General Counsel & Secretary C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Stephen Richardson officer: Chief Operating Officer C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101